Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
$1,985,000
Last sold
25 Aug 2025
4
Bedrooms
2
Bathrooms
5
Car spaces
24,100 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,985,000
25 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Olinda (last 5 years) with land size have a median of $445/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Olinda
+68.2%
Median sale
Suburb $1,180,000
-1.12 pp
Gross yield
Suburb 2.77%
Suburb median $1,180,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
PUBLIC CONSERVATION AND RESOURCE ZONE
PCRZ
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 24,157 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 24,157 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $629/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 24,157 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 24,157 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Olinda at a glance
1,741
People
$1,180,000
Median sale
$629/wk
Median rent
2.77%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaNestled within a breathtaking natural amphitheatre of towering Mountain Ash and ancient tree ferns, Billabong Falls is more than a home - it’s an experience. This is a once-in-a-lifetime opportunity to become the new custodians of this 5.95-acre property, designed, owned and nurtured by Phillip Johnson - Australia’s first Chelsea Flower Show Best in Show winner – a masterful blend of artistry, sustainability, and soul-soothing connection to nature.
Johnson’s vision? To restore habitat and reconnect people with the natural world. And here, that philosophy is felt in every sound, scent and shimmering light beam filtering through the trees at sunrise. Waterfalls tumble into hand-carved billabongs, the scent of eucalyptus fills the air, and birdsong becomes your daily soundtrack. The entire landscape hums with grounding, sacred energy.
A memory-filled family home and highly sought-after accommodation offering, guests leave gushing about the property’s magic, healing energy, and unforgettable beauty. The three-bedroom, split-level main residence is humble yet warm, with large picture windows, soaring ceilings, a bespoke timber bookcase, crackling wood fire and a stainless-steel kitchen framed by wraparound decks and views so beautiful they should come with a pause button.
Everywhere you look is an invitation to explore. Descend a stone staircase flanked by centuries-old tree ferns. Follow a curved boardwalk slicing through the natural billabong. Let your bare feet rejuvenate as they tread a handcrafted pebble path. It’s elemental. Restorative. Real.
With inspiration drawn from Frank Lloyd Wright’s Fallingwater and built from reclaimed local stone, every path, plant and water feature has been curated to support self-sustaining beauty. Here, water is harvested from rain. Wildlife thrives. Children leap playfully over boulders. The moonlight casts magic through fern fronds. And every corner whispers joy, memory, and connection. What a beautiful environment in which to raise a family.
A separate studio with its own entrance, bathroom and kitchenette offers immense flexibility for multigeneration living, an artist's retreat, home office or Airbnb. Up a level, follow a stone framed pathway to a third building - an open-plan zone with kitchenette ripe for reinvention – yoga, billiards, business HQ, or all of the above.
Despite a sense of seclusion and privacy, you’re just a 4-minute drive to Monbulk where you’ll find everything you need including, specialty stores and eateries, supermarkets, sporting clubs, Monbulk Primary School & Monbulk College.
*You can read more about the story behind Billabong Falls in Phillip Johnson’s book “Connected”.
At a Glance:
- 5.95-acre sanctuary (approx. 2.41 hectares) surrounded by ancient Mountain Ash and tree ferns with easterly views to the Yarra Valley, Mt Donna Buang and Gembrook
- An original Phillip Johnson Landscape designed garden
- Built on incredibly fertile red volcanic or mountain soil
- Bush tracks
- Three-bedroom split-level home with soaring ceilings, wood fire, open-plan living and decks
- Split system air-conditioning and radiant heaters in bedrooms
- Separate studio with brand new plush carpet bathroom, kitchenette and open-plan living/bedroom with WIR and instantaneous gas hot water
- Additional upper-level retreat/yoga/home office zone with brand new plush carpet, kitchenette
- Fully insulated double garage/workshop + triple carport + flat accessible entry with carport
- Custom Brendan Stemp bookshelf, stonework by renowned stonemason David Long & Andrew Kimpton designed handrails
- Rainwater tanks, new heat pump, Colorbond roof, exposed aggregate pathways
- Under house storage with room to extend
- Sustainable, self-sufficient landscape: native gardens, billabongs, dry creek beds, waterfalls, signature curved boardwalks and descending stone staircases that connect the different spaces together
Billabongs are fed by driveway and roof water runoff around the house & the design studio
- Outdoor hot shower
- Signature night light features including tree fern uplighting that creates natural art
- Unrivalled biodiversity: a sanctuary for native birds, frogs, turtles, wallabies, echidnas, lyrebirds, plants
- Apple, lemon and lime trees
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Karen Peele, Bell Real Estate Olinda — reproduced as published, not verified by Districts.